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Dec 5, 2012
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energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of apple in the losing column today. let's hit the biggest "pops & drops" in midday trading. hp. it's popping. >> yeah. this company was the victim of hate bashing party a couple of weeks ago on the autonomy acquisition. i think it was the sentiment low in the stock. it's up here. i prefer dell over hp though. >> waste management. >> if you're looking for a pe that is appetizing, it is a 15-year. dividend is 4.4%. goldman sachs actually cleaning dawn in the trash area from conviction buy on one of the names also lifted this thing as well. >> ver
energy stocks having a pretty good day. s&p is also up about seven points trading right now at 1,414. the nasdaq remains the laggard of the day. what an interesting day there it's been not only at nasdaq marketsite but an ipo that couldn't get out of the blocks. certainly what's taking place with shares of apple? let's throw up apple right here. the nasdaq rebounding a bit but apple shares having their worst day in about a year. a significant loss for that stock. $24-plus for shares of...
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Dec 12, 2012
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fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know, of course, you can't get down to what those 18,000 employers would really say now because some still have demand and some would be less impacted and more impacted. we look at our clients and what they are trying to do right now. 27% in this survey said there would be no change, and the reason this number is high and higher than we've seen, they are holding their hands tight. okay. what do i do? don't know what to do, but we're hearing also, you know what, as your previous guest said if i had some certainty i would feel a little bit better about hiring some people and adding that cost on and until we get t
fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know,...
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Dec 10, 2012
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>> caller: what is your feeling on first energy. >> first energy has been going down along with the rest of the utilities. you take your first -- don't buy it until it gets to $6. >> i'm going to new york and marc. >> caller: i just know what i should do with mellonox. >> i want to sell the stock. let's go to lewis in florida. >> caller: jim, boo-yah. i'm interested in northern tier energy. nti. >> i don't trust that yield. i don't trust that yield. let's do more work, the-year-old is gigantic. i think it will end up being a red flag, it's a challenge flag and i think it's going to be a good challenge. let's go to tom in wisconsin. tom? >> caller: hey, jim, i'm calling from a nursing home. i want to ask you about a company rvc, regal bullet corporation. >> listen to me, partner, first of all thank you for calling in. that is a great industrial company, it's done nothing for a long time. i want you to stick with it. it's got a good yield, it's a very well run company, i have liked it for 35 years. keep it. let's go to jason in virginia. >> caller: i need some help, the stock emed, they re
>> caller: what is your feeling on first energy. >> first energy has been going down along with the rest of the utilities. you take your first -- don't buy it until it gets to $6. >> i'm going to new york and marc. >> caller: i just know what i should do with mellonox. >> i want to sell the stock. let's go to lewis in florida. >> caller: jim, boo-yah. i'm interested in northern tier energy. nti. >> i don't trust that yield. i don't trust that yield....
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a lot of people say we have energy boom in the united states. you like the shale gas and liquids, right? >> yes because here's an industry that really has exploded in the last half a dozen years where it didn't previously exist. it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells fargo management. ashley: 8.8 million jobs were lost as a result of financial crisis. 4.2 million have been recovered. that is less than half. unlikely weill get all of them back because companies are used to doing with less. tracy: lean and mean. ashley: more ahead on the economy and oh, yeah, that fiscal cliff. ftn economist lindsey piegza says washington is ignoring a much bigger problem than tax rates on the wealthy. she will explain just ahead. tracy: fox business exclusive for one company that saw its stock double after hurricane sandy. generac's ceo joins us
a lot of people say we have energy boom in the united states. you like the shale gas and liquids, right? >> yes because here's an industry that really has exploded in the last half a dozen years where it didn't previously exist. it will help to lower the cost of energy in the whole economy making our economy again more efficient than just about any other developed country and a source of real wealth as we create to build out this sector here more and more of that. margie patel, wells...
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Dec 6, 2012
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will americans -- could americans see higher, you know, energy bills? >> oh, yeah, no doubt about it. the differential has gotten crazy, but it's been crazy for so long, people have gotten used to it. but i haven't. i remember 2005, 2006, 2007, not where we are now which is 35. and i think we're going to be back there again at some point. natural gas is the kind of commodity. it has a tremendous volatility attached to it. i think once you get some of this leasing action under control where it's not all haphazard everywhere and you get control on exactly how much is being produced, you're going to get a floor, you're going to see $5, $6, $7. the futures don't show that yet. even know for 2020, you've got futures prices only around $5 on mmbtu. but if you were a natural gas guy and tried to make a plant, you would buy all you could out there, but there's no volume out there. what you have is a disconnect between where i think they're going to go -- >> are you ever going to run out of gas? because i have a quick question. >> sure. >> never run out of gas.
will americans -- could americans see higher, you know, energy bills? >> oh, yeah, no doubt about it. the differential has gotten crazy, but it's been crazy for so long, people have gotten used to it. but i haven't. i remember 2005, 2006, 2007, not where we are now which is 35. and i think we're going to be back there again at some point. natural gas is the kind of commodity. it has a tremendous volatility attached to it. i think once you get some of this leasing action under control...
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Dec 13, 2012
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the chinese are the primary source of food and economic assistance, energy assistance to north korea. but then, again, the chinese had a high-level visit to north korea the day before that they announced that they were going to do this missile launch. so, even the chinese, i think, are quite frustrated. but at the same time, i would imagine that they're also not willing to completely abandon the north koreans, because they don't want to see instability in the north, which would then suggest instability along their border. and that is something they don't want to see. so china is really the country that has the most influence, and yet it's very difficult to move them to a place where the united states, japan, south korea, the other members of the six-party talks would like china to go, which is to put more pressure on the north, such that they stop these sorts of provocations and stop their missile and nuclear programs. >> all right, victor cha and spyder marks, thank you to you both for your perspective on this tonight. do appreciate it. >>> "outfront" next, with just 20 days until th
the chinese are the primary source of food and economic assistance, energy assistance to north korea. but then, again, the chinese had a high-level visit to north korea the day before that they announced that they were going to do this missile launch. so, even the chinese, i think, are quite frustrated. but at the same time, i would imagine that they're also not willing to completely abandon the north koreans, because they don't want to see instability in the north, which would then suggest...
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Dec 12, 2012
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if you did energy the president wants it do raise taxes on income and on dividends and capital gains which is harmful to the economy, you only generate next year $68 billion which funds the government for less than a week. what do you do the other 51 weeks of the year? you have a weak sluggish stagnant economy that is growing more slowly than two years ago when the president we cannot raise taxes and at that time growth was stronger than it is today and now he seems to have the obsession with raising taxes and especially raising taxes on small business. republicans believe spending has to be in the equation. can you not solve what airlines this country and what is going to help our long term fiscal solvency unless you deal with spending and entitlement reform. that is why we believe that has to be part of the solution. >>neil: thank you, senator. hope you are nut there through christmas. >> the president says he is prepareed to do some tough cuts. but what in congressman, what are you open to cutting? >>guest: thank you for having me, neil. we have seen the cuts and the president pro
if you did energy the president wants it do raise taxes on income and on dividends and capital gains which is harmful to the economy, you only generate next year $68 billion which funds the government for less than a week. what do you do the other 51 weeks of the year? you have a weak sluggish stagnant economy that is growing more slowly than two years ago when the president we cannot raise taxes and at that time growth was stronger than it is today and now he seems to have the obsession with...
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Dec 7, 2012
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>> well, for us, we're a supplier not only to defense but also in the commercial markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more workers? >> right now it's very frustrating that we don't have issues decided here. so, yes, we have plants that can be ramping up to supply in the defense industry. until we know with certainty what's going to happen with the cuts, we're not going to be hiring in those plants. >> we're going to bring in now howard dean, who i believe is joining us. thank you for joining us. i hope that you've also been listening to what dawn had to say. she's been basically saying it would hurt her company. it's already affecting her hiring decisions. it would hurt the defense industry as well. so why do you feel that goin
>> well, for us, we're a supplier not only to defense but also in the commercial markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more...
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Dec 7, 2012
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we think of it as energy everywhere. >> on demand energy. >> because here we are. it's a rainy day. if we had a solar panel, what would happen? it's not working. but we're generating electricity and you're charging your phone right now. >> so you have the patents. what do you have? what do you own about this? >> sure. absolutely. so we do have patents in the u.s. and in asia, africa, and europe. but in addition to that we have an incredible team of engineers and scientists who are not only developing cook stoves but a whole range of energy technologies. and so where we really see our role as a company is in providing personal scale energy access that's affordable and safe and reliable. >> talk about affordability. how much is this? >> these stoves are $130. >> okay. now, you are in brooklyn, new york. but you don't make these here, right? >> we don't. >> you have a factory -- >> we manufacture -- we manufacture in asia. and then -- but it's all based on the designs and the engineering of the team right here in new york. >> now, i've looked at this in the videos. how long does it tak
we think of it as energy everywhere. >> on demand energy. >> because here we are. it's a rainy day. if we had a solar panel, what would happen? it's not working. but we're generating electricity and you're charging your phone right now. >> so you have the patents. what do you have? what do you own about this? >> sure. absolutely. so we do have patents in the u.s. and in asia, africa, and europe. but in addition to that we have an incredible team of engineers and...
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we'll look at walter energy. walter energy is gaining on this market speculation on this news that bhp billiton is considering a cash bid for the u.s. coal producer, walter energy. that is why we're, at $55 a share. again these are according to reports, spokesman at hp headquarters that the report was market speculation. certainly enough to keep things moving around there. bhp shifted focus and cutting costs across the board. walter got a nice pop on the market speculation. pack to you. melissa: nicole, thanks so much. oil extending losses for the third day in a row. what is sending it lower? we head to the pits -- i'm sorry? lori: over here. melissa: okay. we head to the pits of cme. fox business contributor phil flynn price futures group to find out. >> i'm here. i'm right here. 86, we're just below 86, back above 86, the lowest level in three months. a lot of it being driven by lower gasoline prices. but also concern about the darn ecb. mario draghi talking about the slowing economy but saying he is not doing
we'll look at walter energy. walter energy is gaining on this market speculation on this news that bhp billiton is considering a cash bid for the u.s. coal producer, walter energy. that is why we're, at $55 a share. again these are according to reports, spokesman at hp headquarters that the report was market speculation. certainly enough to keep things moving around there. bhp shifted focus and cutting costs across the board. walter got a nice pop on the market speculation. pack to you....
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Dec 10, 2012
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secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal. >> maybe they have the cash to put it underground. >> the price of saving these jobs is forbiddingly high. we shouldn't even be thinking about it. we h
secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this...
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matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding price, the whole cartel is happy with supply and price. yet there is the huge concern with the leadership whether it will go to an iranian a iraqi or a saudi. this is a huge concern especially at a period when we're entering where we will need cuts probably next year by opec. melissa: yeah. i mean there's a lot of focus on this. at the same time anytime i've been at a meeting most of the meeting happens away from the meeting. they all meet late into the night at each other's hotels trying to hash out what's going to be said. does saudi arabia in your mind, minister al-naimi, still c
matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding...
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Dec 11, 2012
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they had a housing bubble that's built on energy and commodity exporting. if we get $60 oil, some of the canadian banks and stocks aren't going to do that well. ewc is the etf and that's what rhyme short. >> let's do some fast or fiction here. there's a share buy-back in morgan stanley's fear future. the company is considering one for the first time since the financial crisis. james gorman saying just last month it would be a good idea to return capital to what he calls long suffering shareholders. 19 big banks have until january 7th to submit their share reper chase plans as part of the stress test process. so, fast or fiction, morgan stanley will do a byuy-back. and the follow-up, who is going to be next? 19 banks that are going to ask, come january, and so, which ones should we look to? >> well, i think you listen to mr. gorman, he sees the stock trading at .58 times price to book and this is a place where this is significant value for a company that is struggling with its old business model. so, this makes sense. i would call it possible fast. >> okay.
they had a housing bubble that's built on energy and commodity exporting. if we get $60 oil, some of the canadian banks and stocks aren't going to do that well. ewc is the etf and that's what rhyme short. >> let's do some fast or fiction here. there's a share buy-back in morgan stanley's fear future. the company is considering one for the first time since the financial crisis. james gorman saying just last month it would be a good idea to return capital to what he calls long suffering...
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Dec 6, 2012
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i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be add that if you'relogical looking for energy independents you would keep some of the stuff here but i understand if you're looking at it from the prism of jobs this is something you want to tackle. >> we're a free trade country and part of it is you don't make a rule that says why can't regoing to say the food companies can't sell, can't export. you got to be willing to permit exports especially when as in the case here there aren't many things where the american price is a fifth of the world price. that's a huge opportunity. >> there was one line and i just want to throw it out to you that said they we
i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be...
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Dec 5, 2012
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the energy that they give me. i think this year at the olympics, i went out there and when i got there, there was so much people in the stands that early in the morning, i was so surprised. i was like -- every championship i've been to, it's been like a few hundred people. everybody just comes out, few people might come out and watch because they really like track and field but in london, early in the morning, everybody was out like it was full from the morning session. so for me, an energy i got in london was just wonderful. >> i was walking around london and all i could see were people going like this, everywhere. everyone wanted to be the bolt. >> a lot of that going on. >> is it the secret, because you jamaicans are flying down every track at the moment, winning everything, is the secret yams? is there something in the jamaican yam? >> i used to have a lot of yams. if it was one thing i wasn't short of growing up, it was yams. i don't eat yams that much now. i think i had too much when i was young. >> who are
the energy that they give me. i think this year at the olympics, i went out there and when i got there, there was so much people in the stands that early in the morning, i was so surprised. i was like -- every championship i've been to, it's been like a few hundred people. everybody just comes out, few people might come out and watch because they really like track and field but in london, early in the morning, everybody was out like it was full from the morning session. so for me, an energy i...
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new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay. this summer's drought still burning farmers after causing a big rise in prices. the average bale of hay is now $80. you have $50 since before the drought. up $50. it was 30. now it is 80. can you believe that? because of that hay farmers in the midwest are facing a serious problem, hay thieves. they're taking thousands of pounds of hay. this is probably problem and here to tell us about is missouri farm president blake hours. i don't mean to make light of this, but when we hearing about hay thieves it sounded ridiculous. when you realize how much it is worth and how b
new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay....
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Dec 11, 2012
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to give me energy in my house. if i never slip a switch, never turn on a faucet, $200 a month. i spend another $200 a month to underwrite those who can't afford water or flipping a switch in their house. there is no competition to the department of water and power in los angeles. if i use less power as i might do the department of water and power goes to l.a. city council to get a 10% increase in what they are paid. this is the game that's being played in the state of california. i know one thing. i know something now, lawrence, that i never knew in my life. i tweeted it over the weekend. i know what i'm going to make next year. i'm going to make 249,900 dollars. >> so you don't have to pay -- that's funny. >> i never knew it before. i always guessed. now i know. >> married, filing jointly. $249,999. i know how much i'll make next year. thanks to obama and the voters. $249,000. live small. michael, judy and i lived in california for a while. it has so much potential. it doesn't have to be this way. they could fix i
to give me energy in my house. if i never slip a switch, never turn on a faucet, $200 a month. i spend another $200 a month to underwrite those who can't afford water or flipping a switch in their house. there is no competition to the department of water and power in los angeles. if i use less power as i might do the department of water and power goes to l.a. city council to get a 10% increase in what they are paid. this is the game that's being played in the state of california. i know one...
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Dec 11, 2012
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we sold off hard on the news that is a very bearish for energy prices. we will see how things turn out, but it is a very bearish sign for the energy market. back to you. cheryl: thank you very much. house speaker ohn boehner saying the president has to get serious about the fiscal cliff talks. dennis: rich edson with the latest from there. >> as we have been reporting, democrats and republicans are stuck on these negotiations. a few moments ago house speaker john boehner hit the floor and confirmed just that. >> i want people to know that the president and i met on sunday. it was a nice meeting, cordial but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of a balanced approach to the american people. where are the president spending cuts? the longer the white house slow walk the process, the closer our economy gets to the fiscal cliff. herhere's what we do know. we know the president wants more stimulus spending and an increase in the debt limit without any cuts for reforms. that is not fixi
we sold off hard on the news that is a very bearish for energy prices. we will see how things turn out, but it is a very bearish sign for the energy market. back to you. cheryl: thank you very much. house speaker ohn boehner saying the president has to get serious about the fiscal cliff talks. dennis: rich edson with the latest from there. >> as we have been reporting, democrats and republicans are stuck on these negotiations. a few moments ago house speaker john boehner hit the floor and...
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the energy companies, they must get one third of their energy from renewable sources? i guess that's hydro electric, wind and solar, you've got to get a third from those green energy sources from the year 2020, and that seems like an awful lot of power to come from the sun and wind and can you make it? >> i don't think so. because part of the dirty little secret behind all of this, stuart, is that mother nature has really interesting way of deciding when she's going to provide sun, when they're going to provide the wind and because of that, all of these major power plants are supposed to give these utilities the mandated 33% by 2020. also, have to have a companion fossil fuel plan that has the turbines ready, if a cloud bank moves over the mojave desert or over the mountains they don't interrupt the power grid. when the green energy demand increases so does the demand for fossil fuel. what happens if they can't meet the mandate and get renewables by 2020? >> i think they're doubling down on top of this. jerry brown was quoted with fanaticism. there will be screwups, an
the energy companies, they must get one third of their energy from renewable sources? i guess that's hydro electric, wind and solar, you've got to get a third from those green energy sources from the year 2020, and that seems like an awful lot of power to come from the sun and wind and can you make it? >> i don't think so. because part of the dirty little secret behind all of this, stuart, is that mother nature has really interesting way of deciding when she's going to provide sun, when...
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listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today. here's the deal. i was there early on, i was wrong. down 6% is not bad but there is a lot worse just a couple weeks ago when it was down 12% from where i bought it. so it's recovering. >> you like it? >> i do like it. i own it still. i have shaved part of my position but i still own most of it. i went wrong thinking nat gas would help it more than it did. nat gas is only 20% of the company. other 80% is coal and i hate coal so i shouldn't have done it. i think the news in nat gas today is good news in potentially opening up for sale lng. >>> let's see what seema mody's working on? >> tons of special dividends bein
listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today....
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department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want to put this in chicago. this battery facility. staffed by a lot of aaademics. brown emanuel has been at the press conference. democratic senator. why not put it in detroit. when i put it in silicon valley where you had the sharpest guys. stuart: is in it there already? is in it there already? >> boosted by academics from mobile universities. i would say if you want to help out beleaguered detroit are really get it going than you do it also and silicon valley where the smart guys are more just rely on china. stuart: maybe you don't have the government do it at all. maybe. >> th
department of energy is putting 120 million into the battery research center. at a place called argon national lab outside chicago. the goal is to make better, cheaper batteries for electric cars. let's hope it works better than the investment in a one to two systems. $250 million. now it's in bankruptcy being auctioned off. the chinese company could buy it. don't forget the biggest dream best of all time. 35 million. your money down the tubes. waving frantically. >> the deal is they want...
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Dec 9, 2012
12/12
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know what's going to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do
know what's going to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look...
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Dec 5, 2012
12/12
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putting us in control of our energy future, now. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. that the west coast has been taking it on the chin, absolutely saturated from not just rain but a real deluge. i'm sorry to tell you, it's not going to last long. by saturday, you're going to get another round of storms. landslides now becoming a serious problem. chad myers now joining me live in atlanta. the reason we're talking land slides as well is because fires past are causing problems present. >> you bet. 1.6 million acres in idaho burned, mostly in the hills. 1.2 million acres burned mostly in washington and oregon. when the trees and brush burn off, there's no roots, the roots die and all of a sudden there's nothing holding the dirt back from becoming mud when we get rain like we've had and mudslides. 2012/13 winter may be known as the mudslide danger. if you have a burn scar above your home, you need to always pay attention when the rain comes in like it has. today is a day for a bre
putting us in control of our energy future, now. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. that the west coast has been taking it on the chin, absolutely saturated from not just rain but a real deluge. i'm sorry to tell you, it's not going to last long. by saturday, you're going to get another round of storms. landslides now becoming a serious problem. chad myers now joining me live in atlanta. the reason we're...
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Dec 13, 2012
12/12
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FBC
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ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence. will that ever happen? we're getting closer and closer it that, john? is that a good thing? it would appear to be but i can't imagine saudi arabia would be very happy about it. >> yeah. i think, you know, i think you've got to remember that people like to talk about america and forget about the rest of the world. america is going to make some great headways. the developing nations have actually declined on their oil consumption since 2007 by about 6 million barrels. but the developing nations around the world are up 10 million barrels, hence the increase in demand. i think in the u.s. we have a legit
ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence....
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Dec 6, 2012
12/12
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get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. every human being is unique. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclus
get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the...
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Dec 12, 2012
12/12
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putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases. girl, i been put'n'em for as long as i can remember. [ male announcer ] how do you get your bounce? [ woman ] sheets, i put'em! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at cit
putting us in control of our energy future, now. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. i'm a sheets girl, but i don't just put'em in the dryer to freshen up my clothes. i put'em in my shoes, i put'em in my car, i put'em in my vases. girl, i been put'n'em for as...
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Dec 12, 2012
12/12
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FBC
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i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much
i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this...
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Dec 11, 2012
12/12
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putting us in control of our energy future, now. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> and welcome back to "the ed show." thanks for watching tonight. president obama didn't campaign on it, but it's now being floated as a real concession in the fiscal cliff talks. raising the medicare eligibility age from 65 to 67. why would democrats offer it? are they really going to do it? to get a tax deal done they would do that? the idea was first brought up during the grand bargain talks of 2011. the white house seemed open to the concept at the time. >> it's been reported the president is willing to look at things like raising the retirement a
putting us in control of our energy future, now. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at...
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Dec 11, 2012
12/12
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FOXNEWSW
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fracking technology to make us more energy independent. bost first, immelt speaking as the ceo of g.e. china is doing a good job. they kick our butts for two decades. >> greg: why is that? >> dana: wait until they get collective bargaining. >> bob: they will. >> dana: right. >> bob: 1.3 billion. they make an economy work. you can't take away the economy. >> eric: i disagree. china is not kicking our butts in anything. if you start from zero, 1.3 people living in peasant tri for 100 years. they move up at 7%. we have the strongest economy, highest standard of living. best life expectancy. china would love to be us some day. not going to happen by 2030. >> eric: i can't believe you're so optimistic when barack obama as president. he only has four more years. >> bob: you don't think there is something to be said for china owning u.s. bonds >> eric: fix that. we should fix that. >> andrea: we have to keep borrowing more from china. >> bob: we're not borrowing. we have a trade imbalance. >> andrea: they own us. we buy their stuff. listen to wha
fracking technology to make us more energy independent. bost first, immelt speaking as the ceo of g.e. china is doing a good job. they kick our butts for two decades. >> greg: why is that? >> dana: wait until they get collective bargaining. >> bob: they will. >> dana: right. >> bob: 1.3 billion. they make an economy work. you can't take away the economy. >> eric: i disagree. china is not kicking our butts in anything. if you start from zero, 1.3 people living...
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Dec 10, 2012
12/12
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CNBC
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energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech, we are seeing green across the screen. hp, rising speculation that carl icon is interested in the company. that stock is outperforming today. lastly, the tablet wars heating up. barnes & noble named as part of barons top ten favorite stocks for 2013. the nook reader unit is holding its own against amazon and apple and these developments are not reflected in shares of bks. that's why you can see barnes & noble trading around 6%. sue? >> seema, thanks. rick san tellry is tracking action at the 162 on ten-year. what are they watching today, ricky? >> once treasuries opened today, we did see that rates were l
energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech,...
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shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. before facebook is joining the nasdaq 500. connell: shibani joshi in the newsroom with this story. shibani: it is about time if you are a facebook investor. it wanted to be in the presence of the tech grades. it will be part of t
shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy...
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Dec 10, 2012
12/12
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energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't collapsed. >> i said it would occur in a decade, but you see the problems there, the economy is stumping and the central government is eroding and china people are taking to the streets. so, the wheels are coming off china. >> you're going to be right eventually. >> soon. stuart: within the next two years? >> maybe sooner than that. stuart: very interesting, gor n gordonment thanks as always. it's 9:29 almos
energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have...
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Dec 12, 2012
12/12
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we just won a national battery innovation hub proposal, a competition from the department of energy because we were working together to put in michigan the new advanced innovation hub. things that we've been doing to make things and grow things and workers and management together. all of that is out the window and it's horrible for our state for people to see and experience this divisiveness. >> all right. do you think right-to-work legislation helps bring jobs to your state? >> no, absolutely not. i mean, the reality is this, if workers vote to have a union and if somebody comes into the workplace, they don't have to join. the governor is wrong when he says that. i think it's important to go to the point to say that the difference is they get the benefits of collective bargaining. the question is do they contribute, not whether or not they get the benefits. so does it help? no. as you pointed out last night, wages and benefits are lower. working conditions are less safe in states where workers don't have a voice at the bargaining table to collectively bargain. we don't want to raise to thi
we just won a national battery innovation hub proposal, a competition from the department of energy because we were working together to put in michigan the new advanced innovation hub. things that we've been doing to make things and grow things and workers and management together. all of that is out the window and it's horrible for our state for people to see and experience this divisiveness. >> all right. do you think right-to-work legislation helps bring jobs to your state? >> no,...
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department of energy releasing a study that could influence president obama's decision to grant approval for companies to build export centers. >> it is okay, in terms of employment, because there are $90 billion of projects in the books right now. it ignores the manufacturing sector. enron takes the report and puts it in motion. we will see a catastrophic disruption of jobs in this country. cheryl: joining me for the rest of liz's interview on "countdown to the closing bell." employees of random house are in for a lot of green thanks to "50 shades of gray." dennis: first, let's take a look at some of today's winners on the nasdaq. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you knomore so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need . it's anothereason more investors are saying... [ all ] i'm with scottrade.
department of energy releasing a study that could influence president obama's decision to grant approval for companies to build export centers. >> it is okay, in terms of employment, because there are $90 billion of projects in the books right now. it ignores the manufacturing sector. enron takes the report and puts it in motion. we will see a catastrophic disruption of jobs in this country. cheryl: joining me for the rest of liz's interview on "countdown to the closing bell."...
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Dec 11, 2012
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energy was three. six, seven and eight was all about taxes, and the loss of capital, the growth of business, and tax code complexity. i mean, those are -- those are important issues for the small businesses out there. no question about it. like to know something about what's going on. >> okay. so we go -- let's say that this is resolved, that what we have facing us, some way or another, do you expect that it will come off of these lows that you're seeing? >> well, i think that we'll have to see how the economy evolves. since 80% of the declines in the index was about expectations for business conditions, and poor expectations for real growth, and your sales, that means that the small businesses are going to sit tight. they don't expect more customers so they're not going to hire, and that, of course, showed up. all the other components of the index stayed at recession levels. here we are at this very, very low level of optimism, consumer optimism tanked along with the owner optimism. and a lot of them
energy was three. six, seven and eight was all about taxes, and the loss of capital, the growth of business, and tax code complexity. i mean, those are -- those are important issues for the small businesses out there. no question about it. like to know something about what's going on. >> okay. so we go -- let's say that this is resolved, that what we have facing us, some way or another, do you expect that it will come off of these lows that you're seeing? >> well, i think that we'll...
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Dec 5, 2012
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freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and gold holdings are at record levels. back to you. >> thank you very much, sharon. >>> let's get the trading action here. bob pisani is back with me. we were up 131 points. some news flashes out of washington about possible sequestration spending cuts from the omb. basically took the market off ifts best levels. held hostage again. >> we've got to get some action. if we don't see action we'll threaten sequestration. we did move up earlier in the day. there were very vague rumors that some republicans might be willing to break ranks and accept taxes for the wealthy, higher taxes for the wealthy. that o
freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and...
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Dec 13, 2012
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ambassador rice was a target of opportunity for a party that tends to spend a lot more time and a lot more energy on obstruction. so i think her statement was very, very mag nam mousz. i think she showed the true content of her kashlgter. and i believe that she's going to continue to serve our country. but i do think it's a sad day for the public when these sorts of falsehoods and unfair attacks can tie up a senate confirmation process that allows any one or two or small kabol of senators to bring the public to a screeching halt. >> now, is it not usually understood that foreign policy should be more bipartisan? and that some of these things when we're dealing with issues like this should be above the policy party bickering, governor. >> that's what you would hope. all of us would like to know what happened in benghazi. but this is a very dangerous world. and, in this case, this incident was unfolding and being investigated at the same time that ambassador rice was on the sunday show. so i think, especially, as we -- as we go back and unpack benghazi, i think it's important that we rise above pol
ambassador rice was a target of opportunity for a party that tends to spend a lot more time and a lot more energy on obstruction. so i think her statement was very, very mag nam mousz. i think she showed the true content of her kashlgter. and i believe that she's going to continue to serve our country. but i do think it's a sad day for the public when these sorts of falsehoods and unfair attacks can tie up a senate confirmation process that allows any one or two or small kabol of senators to...
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Dec 6, 2012
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and in terms of energy after the bearish fundamental data we got from the energy department yesterday, we're continuing to see a risk off trade in the energy complex here and we're continuing to watch more than a dollar slide here. there's a lot to look forward to, david, on this front with the opec meeting next week as well. back to you. >> thank you very much sharon epperson. >> we did want to note for the viewers, a fairly large hedge fund that was in the news for not good reasons. diamondback capital management, a fund run by richard shimmal and larry kipanzi. richard schimel is the e ex-brother in law. lock capital management. two of those had already closed. level global has closed, in fact one of us founders, andrew chasen is on trial right now. diamondback went down to about $2 billion, but as of this morning, that is no long ter case. the hedge fund saying that given redemption requests came in about 26% of total asset ors $520 million. it would be left with $1.45 billion apparently that's just not enough to run the successful hedge fund. they did have 140 or so people workin
and in terms of energy after the bearish fundamental data we got from the energy department yesterday, we're continuing to see a risk off trade in the energy complex here and we're continuing to watch more than a dollar slide here. there's a lot to look forward to, david, on this front with the opec meeting next week as well. back to you. >> thank you very much sharon epperson. >> we did want to note for the viewers, a fairly large hedge fund that was in the news for not good...
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this is about oil and energy. you can see of course, freeport-mcmoran, copper and gold. these are the names that are on the move with this big deal. this is the deal of the day, of the week. a big one. back to you. see you in 15 minutes.. ashley: least corrupt person i know, nicole petallides. let me get that out. tracy: exactly. me on the other hand --. ashley: that's right. tracy: coming up, the eight-day, $8 billion port strike is over. how long will it take american commerce to get back to normal? we'll have a live update from the port of los angeles. that's next. first as we head out to break let's see how the dollar is moving right now. can i help you? i heard you guys can ship ground for less than the upstore. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> at 20 minutes past the hour, hello, everybody, i'm uma pemmaraju with your fox news minute. violence raging in egypt's c
this is about oil and energy. you can see of course, freeport-mcmoran, copper and gold. these are the names that are on the move with this big deal. this is the deal of the day, of the week. a big one. back to you. see you in 15 minutes.. ashley: least corrupt person i know, nicole petallides. let me get that out. tracy: exactly. me on the other hand --. ashley: that's right. tracy: coming up, the eight-day, $8 billion port strike is over. how long will it take american commerce to get back to...
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Dec 7, 2012
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they do that so before a big vote on, say, an energy bill that will make oil companies really rich, you can't go to a big oil company and say, hey, don't you think i'd make a good executive vice president who doesn't do anything but makes a ton of money for not doing it? but makes way less money than you'll make if this bill i'm going to be voting on passes? we want to know that kind of thing if it's happening. so you have to file this paper and demint filed his paper only yesterday. according to him, these negotiations began and ended in 24 hours. that is very decisive for leaving the u.s. senate. and if it is true then it's really looking like the heritage foundation and jim demint saw an opportunity in the continuing republican crackup. earlier this week, we learned that dick armey is breaking up with his tea party group freedom works and then we learned freedom works is kind of crumbling from within due to internal disputes over its strategy. that leaves a mantle of leadership for the tea party wing of the republican party wide open. that is a lot of power and a lot of fund-raising
they do that so before a big vote on, say, an energy bill that will make oil companies really rich, you can't go to a big oil company and say, hey, don't you think i'd make a good executive vice president who doesn't do anything but makes a ton of money for not doing it? but makes way less money than you'll make if this bill i'm going to be voting on passes? we want to know that kind of thing if it's happening. so you have to file this paper and demint filed his paper only yesterday. according...
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Dec 12, 2012
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we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational incr
we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can...
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putting us in control of our energy future, now. >>> ali joins us from new york. there are dramatic changes as far as the estate tax is concerned if we go over the fiscal cliff, if no legislation is passed between now and the end of the year, walk us through what the folks out there can expect. >> here's how it works, wolf. if a family members dies and leaves their estate not to their spouse. but to their decendents, their children or someone other than their children. the estate tax kicks in. here's what's happening this year. according to the independent tax policy center. a state center worth less than $5 million are exempt. the center estimates about 3600 people, families, estates will fall into that category this year. 2012. next year barring any congressional action, that exemption falls down to a million dollars, the rate you pay on that estate jumps up to between 41% and 55%. on top of that, there's a 5% tax on the portion of very large tax estates. the tax policy tenners estimates the number will jump from 2600 in 2012 to 53,000 in 2013. that's a huge inc
putting us in control of our energy future, now. >>> ali joins us from new york. there are dramatic changes as far as the estate tax is concerned if we go over the fiscal cliff, if no legislation is passed between now and the end of the year, walk us through what the folks out there can expect. >> here's how it works, wolf. if a family members dies and leaves their estate not to their spouse. but to their decendents, their children or someone other than their children. the estate...
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we conducted a panel discussion talking about clean energy among other things. we'll roll out those interviews later in the weeks in the days to come. tomorrow my interview with president jimmy carter and his views on legalizing marijuana. >>> new jersey's governor chris christie says he may have a challenger when his term is up. mayor cory booker is opening up as well as taking the food stamp challenge. wants that pink cas. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> hugo chavez is back in cuba today for cancer treatment. he left caracas early this morning. he's been battling cancer for the past year and a half. he underwent surgery and radiation therapy before declaring himself cancer-free in july. before leaving chavez spoke
we conducted a panel discussion talking about clean energy among other things. we'll roll out those interviews later in the weeks in the days to come. tomorrow my interview with president jimmy carter and his views on legalizing marijuana. >>> new jersey's governor chris christie says he may have a challenger when his term is up. mayor cory booker is opening up as well as taking the food stamp challenge. wants that pink cas. and you really don't want to pay more than you have to. only...